By Leia Michele Toovey- Exclusive to Potash Investing News China, the world’s largest consumer of potash, will reportedly seek lower prices for the fertilizer component just weeks after the ink dried on the contract between India and International Potash Company (IPC), the marketing arm of Russia’s biggest potash producer, for $460 per tonne. As reported [...]
Continue reading "China to seek lower Potash Prices"
Friday, August 7, 2009
Fertilizer maker Intrepid Potash Inc posted a 24 percent dip in second-quarter profit, hurt by lower demand. Chief Executive Bob Jornayvaz stated: Potash sales volumes continue to be at reduced levels as dealers showed greater hesitancy to refill their inventories and to take on price risk during the second quarter. For full story, click here
Continue reading "Intrepid Potash Q2 Profit Dipped 24%"
Wednesday, August 5, 2009
Agrium Inc., North America’s third- largest fertilizer producer, declared second-quarter profit slipped 42 percent as demand for potash declined. For full story, click here
Continue reading "Agrium Profit slipped 42% on Slumping Potash Sales"
Wednesday, May 13, 2009
German fertiliser supplier K+S reiterated that it has forecasted a notable dip in 2009 earnings even after it posted first-quarter operating proft that beat expectations on Wednesday. For full story, click here
Continue reading "K+S still forecasts 2009 profit dip despite Q1 surprise"
Wednesday, April 29, 2009
Uralkali declared that 2008 profit surged 172 percent year on year to $653 million, despite waning demand for its potash fertilizer in the fourth quarter. For full story, click here
Continue reading "Uralkali declared surge of 172% profit for year 2008"
Friday, April 24, 2009
Canadian Pacific Railway Ltd. declared a 31 per cent dip in first-quarter profit Thursday to $62.5 million because of a sharp decline in the movement of potash products. CEO Fred Green stated: As we experienced rapidly declining volumes in the quarter, we successfully reduced variable expenses while delivering consistent service to our customers. For full [...]
Continue reading "CPR moved less freight, Q1 profit dipped 31%"
Friday, January 9, 2009
By Leia Michele Toovey- Exclusive to Potash Investing News. Fertilizer prices are finally falling, but not enough to coax farmers into big purchases for the spring planting. The worldwide financial crisis has them rationing their use of stored inventory. The steep decrease in crop prices have left farmers with less money to purchase fertilizer, shifting [...]
Continue reading "Low fertilizer sales plague potash companies"
Wednesday, December 24, 2008
Global Investment House -Kuwait- MENA Fertilizer Sector- The MENA region is home to many fertilizer companies and majority of them are state owned or are private companies. For full story, click here
Continue reading "Profitability of fertilizer companies in MENA grew by 149%"
Wednesday, November 26, 2008
Global Investment House -Kuwait- MENA Fertilizer Sector- The MENA region is home to many fertilizer companies and majority of them are state owned or are private companies. For full story, click here
Continue reading "Profitability of fertilizer companies in MENA grew by 149%"
Thursday, November 13, 2008
Fertilizer producer Intrepid Potash Inc. announced that its Q3 profit soared on growing demand for fertilizer products. For full story, click here For company’s website, click here
Continue reading "Fertilizer producer Intrepid Potash reports sound profit"
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Tuesday, August 11, 2009